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Lend Lease (ASX:LLC) has joined with a global investment partner to purchase a large urban regenerate site in Singapore.
In a venture that gives Lend Lease a 30 per cent cut of profits, the entity will pay $1.6 billion for the mixed use site which will be developed into office, retail and apartments.
The investment partner has not been named at this time.
Lend Lease made a net profit of $313 million for the first half of the 2015 financial year.
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Last
$5.44 |
Change
-0.010(0.18%) |
Mkt cap ! $3.754B | |||
| Open | High | Low | Value | Volume |
| $5.45 | $5.47 | $5.44 | $5.763M | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17998 | $5.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.45 | 4414 | 1 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| LLC (ASX) Chart |